Should I lease to a CBD retail store tenant?

Los Angeles County, California
General Landlording & Rental Properties
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Should I lease to a CBD retail store tenant?

Lily W.Pro Member
Member since 2024 · 22 posts · 8 votes

Hi BP,

I have been getting multiple potential tenants inquire about renting my commercial space for a CBD retail store. (Unincorporated LA)

I wanted to get any insight on lease terms in regards to any restrictions to include and if there's any issues or additional considerations I should consider?

Currently from my research CBD is legal both Federal & State of CA. 

Would love to get insights from anyone in the space or has experience renting to these types of tenants. 

Thank you

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  • James McGovern
    Flipper/Rehabber · Bloomfield CT · Member since 2020 · 1k+ posts · 409 votes
    1y

    Will need significant improvement to security features of property including cameras. Check your insurance to see what liability riders you may need as well

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  • Rick Albert
    Real Estate Agent · Los Angeles, CA · Member since 2018 · 2k+ posts · 1k+ votes
    1y

    I really think this is an attorney question.

    There are CBD retail stores all over LA. I would think it is neighborhood specific if you are concerned about the "crowd" that comes. 

    To James's point about security, that could be part of the tenant improvements and on the tenant to handle. 

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